MULTICOLORE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MULTICOLORE
Largest movements
- Receivables within one year +€132,143
up €132,143 (+11.1%), from €1.2m to €1.3m
of which Trade receivables: +€141,696
- Cash -€57,881
down €57,881 (-28.9%), from €200,596 to €142,715
mainly Receivables within one year (-€132,143) and Trade debts (-€62,646)
- Trade debts -€62,646
down €62,646 (-18.8%), from €332,608 to €269,962
- Other debts +€48,364
up €48,364 (+59.3%), from €81,581 to €129,945
- Short-term financial debts +€35,534
up €35,534 (+64.1%), from €55,435 to €90,970
- Reserves +€19,000
up €19,000 (+2.4%), from €785,700 to €804,700
of which Distributable reserves: +€19,000
- Debts after one year +€16,868
up €16,868 (+101.6%), from €16,597 to €33,466
- Turnover -€332,612
down €332,612 (-11.9%), from €2.8m to €2.5m
- Gross operating margin -€234,498
down €234,498 (-26.6%), from €881,830 to €647,331
- Purchases and services -€164,532
down €164,532 (-8.0%), from €2.1m to €1.9m
- Taxes -€84,572
down €84,572 (-85.7%), from €98,645 to €14,073
- Financial charges +€52,672
up €52,672 (+61.0%), from €86,364 to €139,037
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,485,003 | €1,571,379 | +€86,376 | +5.8% |
| Fixed assets | 21/28 | €65,317 | €80,035 | +€14,718 | +22.5% |
| Tangible fixed assets | 22/27 | €65,317 | €80,035 | +€14,718 | +22.5% |
| Plant, machinery and equipment | 23 | €19,425 | €15,627 | -€3,799 | -19.6% |
| Furniture and vehicles | 24 | €45,892 | €64,408 | +€18,516 | +40.3% |
| Current assets | 29/58 | €1,419,687 | €1,491,345 | +€71,658 | +5.0% |
| Stocks and contracts in progress | 3 | €8,752 | €7,955 | -€797 | -9.1% |
| Stocks | 30/36 | €8,752 | €7,955 | -€797 | -9.1% |
| Amounts receivable within one year | 40/41 | €1,195,318 | €1,327,460 | +€132,143 | +11.1% |
| Trade receivables | 40 | €997,453 | €1,139,149 | +€141,696 | +14.2% |
| Other amounts receivable | 41 | €197,865 | €188,312 | -€9,554 | -4.8% |
| Cash at bank and in hand | 54/58 | €200,596 | €142,715 | -€57,881 | -28.9% |
| Deferred charges and accrued income | 490/1 | €15,021 | €13,215 | -€1,807 | -12.0% |
| Total equity and liabilities | 10/49 | €1,485,003 | €1,571,379 | +€86,376 | +5.8% |
| Equity | 10/15 | €956,209 | €975,287 | +€19,078 | +2.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €785,700 | €804,700 | +€19,000 | +2.4% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Distributable reserves | 133 | €694,000 | €713,000 | +€19,000 | +2.7% |
| Profit (loss) carried forward | 14 | €95,509 | €95,587 | +€78 | +0.1% |
| Amounts payable | 17/49 | €528,794 | €596,092 | +€67,298 | +12.7% |
| Amounts payable after more than one year | 17 | €16,597 | €33,466 | +€16,868 | +101.6% |
| Financial debts | 170/4 | €16,597 | €33,466 | +€16,868 | +101.6% |
| Amounts payable within one year | 42/48 | €512,197 | €553,017 | +€40,820 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €11,790 | €16,018 | +€4,227 | +35.9% |
| Financial debts | 43 | €55,435 | €90,970 | +€35,534 | +64.1% |
| Credit institutions | 430/8 | €55,435 | €90,970 | +€35,534 | +64.1% |
| Trade debts | 44 | €332,608 | €269,962 | -€62,646 | -18.8% |
| Suppliers | 440/4 | €332,608 | €269,962 | -€62,646 | -18.8% |
| Taxes, remuneration and social security | 45 | €30,783 | €46,123 | +€15,340 | +49.8% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €30,783 | €46,123 | +€15,340 | +49.8% |
| Other amounts payable | 47/48 | €81,581 | €129,945 | +€48,364 | +59.3% |
| Accrued charges and deferred income | 492/3 | €0 | €9,610 | +€9,610 | |
| Turnover | 70 | €2,799,187 | €2,466,575 | -€332,612 | -11.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,057,354 | €1,892,822 | -€164,532 | -8.0% |
| Remuneration, social security and pensions | 62 | €464,193 | €443,215 | -€20,977 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,106 | €23,283 | +€178 | +0.8% |
| Other operating charges | 640/8 | €7,522 | €11,802 | +€4,280 | +56.9% |
| Gross operating margin | 9900 | €881,830 | €647,331 | -€234,498 | -26.6% |
| Operating profit (loss) | 9901 | €387,009 | €169,031 | -€217,979 | -56.3% |
| Financial income | 75/76B | €3,251 | €3,157 | -€95 | -2.9% |
| Recurring financial income | 75 | €3,251 | €3,157 | -€95 | -2.9% |
| Financial charges | 65/66B | €86,364 | €139,037 | +€52,672 | +61.0% |
| Recurring financial charges | 65 | €86,364 | €139,037 | +€52,672 | +61.0% |
| Profit (loss) for the period before taxes | 9903 | €303,896 | €33,151 | -€270,745 | -89.1% |
| Income taxes | 67/77 | €98,645 | €14,073 | -€84,572 | -85.7% |
| Profit (loss) for the period | 9904 | €205,252 | €19,078 | -€186,174 | -90.7% |
| Profit (loss) for the period to be appropriated | 9905 | €205,252 | €19,078 | -€186,174 | -90.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.